308 Oostagala LnLoudonTN37774
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Loudon at 308 Oostagala Ln, Loudon, TN, 37774 offers $2,860/mo rent that, after a $2,834/mo payment. Total monthly income is $2,860/mo. Return on cash invested measures 16.24% in year one, and rental yield stands at 5.93% at a $579,000 entry. Equity gained on principal adds $3,736/yr while 5% annual appreciation compounds into $159,967 by year five. Five-year ROI records 82.87% and total cumulative return in cash reaches $157,867. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,860/mo property income versus a $2,834/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37774, Loudon, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,757 (100%) |
| Owner Occupied HU | 8,181 (76.1%) |
| Renter Occupied HU | 1,618 (15.0%) |
| Vacant Housing Units | 958 ( 8.9%) |
| Median Home Value | $402,974 |
| Average Home Value | $516,673 |
Housing Distribution
Address Breakdown
Residential
11,276
Single Family
11,251
Multi-Family
25
Businesses
577
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